First you need to understand that you are operating a business and people like her in her situation often try to run the pity scam to take advantage.

Would need to understand credit score, loan to value, loan size and cash flow of the property.

@Sal MazzoneFrom my understanding regardless of what percentage you own they would want all of you responsible for 100% in case the others default.If you've done this before has the mortgage broker taken 75% of the rental income into consideration?

does anyone know how the new legislation in New York in December is going to benefit investors in ny are there houses that are not listed for sale right now that are already bank owned . 

I understand it may be a unique situation with our community but I wanted to share with the OP as well.

I understand your question but think you should consider the feasibility of the transaction.

I save enough from my W2 income to not worry as much about cash flow but I totally understand why the argument is made that you should free up cash to acquire more properties.  

It is my understanding that if you go 5 units or more you will need a Comercial loan and Comercial loans look at the property value and the revenue it generates and not so much credit score or DTI...so look for properties that are 5 units or more.Or do BRRR (Buy, rent, rehab, refinance) using a private loan (mom and dad or invester) or hard money loan.I hope this helps a bit.Good luck!

Just like many areas I understand this can change from block to block, however I would like to narrow down my search to B/B- class neighborhoods, with a max price of 50K.  

I have pointed out repeatedly that you don't understand cap rate as a real estate metric even for commercial properties